Industry: Steel Industry

Dominant Economic Features

Industry Analysis

What are the industry's dominant economic features? (The steel industry) Generate an industry profile that describes the economic features of the steel industry. For each describe the current state of each. Also, describe how any of these are changing with time.

• Production Capacity Utilization:
• Pace of Technological Change:
• Degree of Vertical Integration:
• Scale of Economies:

List in order of importance, the 4 from above that will most affect your company's success over the next 3 years and state why for each one.

1. Production Capacity Utilization
2. Pace of Technology Change
3. Degree of Vertical Integration
4. Scale of Economies

References

https://blog.boydmetals.com/the-past-present-and-future-of-the-american-steel-industry

https://www.steel.org/industry-data/reports/